News & Insights

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Ecwid raises $42M from Morgan Stanley and PeakSpan

Ecwid, the startup that sells e-commerce tools directly and via third parties like Square and Wix, letting businesses build e-commerce experiences on their own websites and apps, as well as via Facebook, Instagram, Amazon, Google, and more, has raised $42 million from Morgan Stanley and PeakSpan Capital.


Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Patient Engagement Leader Luma Health Raises $16 Million to Accelerate Delivery of Modern Patient Access Technology

Luma Health, the only total patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million.


Stylitics Secures $15 Million in Series B Funding for AI-Driven Outfitting and Styling Platform for Retailers

Stylitics, the leading AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding, bringing its total funding to $21 million.


JRNI Closes $6 Million Series C Extension, Bringing Total Series C Funding to $19.4 Million

BOSTON–(BUSINESS WIRE)–JRNI, formerly BookingBug, the leading customer engagement platform for omnichannel conversion, today announced that it has closed a $6 million extension to its Series C financing led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million, and builds on JRNI’s $13.4 million Series C…


XOi Technologies Announces $11M Series C Financing

XOi Technologies, the Nashville-based leader in field service communication solutions, announced today the completion of its Series C financing round. The $11 million round was led by PeakSpan Capital with participation by Grotech Ventures, as well as Series B investors, Vocap Investment Partners and Nashville Capital Network.


Fuel50 Raises $14 Million Series B to Transform the Future of Work

Fuel50, creator of the world’s fastest-growing career experience and talent mobility platform, today announced it raised $14 million in Series B funding, led by PeakSpan Capital.


Cognism Raises $10m to Move Sales From an Art to a Science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.


ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced today a new growth fundraising round of $10M from PeakSpan Capital.


GroupBy Inc. Announces Series B Funding

GroupBy Inc., a leading provider of relevancy-focused eCommerce solutions, today announced the company has closed its Series B financing.


Ecwid raises $42M from Morgan Stanley and PeakSpan

Ecwid, the startup that sells e-commerce tools directly and via third parties like Square and Wix, letting businesses build e-commerce experiences on their own websites and apps, as well as via Facebook, Instagram, Amazon, Google, and more, has raised $42 million from Morgan Stanley and PeakSpan Capital.


Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Patient Engagement Leader Luma Health Raises $16 Million to Accelerate Delivery of Modern Patient Access Technology

Luma Health, the only total patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million.


Stylitics Secures $15 Million in Series B Funding for AI-Driven Outfitting and Styling Platform for Retailers

Stylitics, the leading AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding, bringing its total funding to $21 million.


JRNI Closes $6 Million Series C Extension, Bringing Total Series C Funding to $19.4 Million

BOSTON–(BUSINESS WIRE)–JRNI, formerly BookingBug, the leading customer engagement platform for omnichannel conversion, today announced that it has closed a $6 million extension to its Series C financing led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million, and builds on JRNI’s $13.4 million Series C…


XOi Technologies Announces $11M Series C Financing

XOi Technologies, the Nashville-based leader in field service communication solutions, announced today the completion of its Series C financing round. The $11 million round was led by PeakSpan Capital with participation by Grotech Ventures, as well as Series B investors, Vocap Investment Partners and Nashville Capital Network.


Fuel50 Raises $14 Million Series B to Transform the Future of Work

Fuel50, creator of the world’s fastest-growing career experience and talent mobility platform, today announced it raised $14 million in Series B funding, led by PeakSpan Capital.


Cognism Raises $10m to Move Sales From an Art to a Science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.


ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced today a new growth fundraising round of $10M from PeakSpan Capital.


GroupBy Inc. Announces Series B Funding

GroupBy Inc., a leading provider of relevancy-focused eCommerce solutions, today announced the company has closed its Series B financing.


The 2020 Top Workplaces winners

From Tennessean: XOi Technologies has been named by the Tennessean as one of the 2020 Top Workplaces. Rankings will be announced at the Top Workplaces awards ceremony in October. XOi Technologies Local employees: 52 http://www.xoi.io Source: The 2020 Top Workplaces winners

DMG Consulting Report Identifies Inference Solutions as the Global Market Share Leader for Virtual Agents

From InferenceSolutions: SAN FRANCISCO, CA – (June 4, 2020) – Intelligent Virtual Agent (IVA) platform provider Inference Solutions is recognized as the global market share leader, based on number of customers, in the 2020-2021 Intelligent Virtual Agent Product and Market Report by DMG Consulting LLC. “DMG provides one of the most comprehensive annual analyses of…

Introducing the 2020 Top 100 HR Tech Influencers

The HRE and HR Tech Conference team unveil the second edition of the Top 100 HR Tech Influencers. From HumanResourceExecutive: Now more than ever, leaders are needed. Whether it’s CHROs creating innovative benefits packages for struggling workers, product developers pioneering solutions to target the new challenges facing our workforces or industry analysts providing needed guidance and insights…

Five9 Launches Five9 Intelligent Virtual Assistant

From BusinessWire: SAN RAMON, Calif.–(BUSINESS WIRE)–Five9, Inc (NASDAQ: FIVN) a leading provider of the intelligent cloud contact center, announced today the general availability of Five9 Virtual Assistant, a best-in-class Intelligent Virtual Assistant (IVA), powered by Inference, that leverages conversational-AI to automate manual tasks and answer common questions in the contact center. Five9 Virtual Assistant delivers…

Here are Ottawa’s 2020 Forty Under 40 recipients

From OttawaBusinessJournal: Annual awards take on special significance amid COVID-19 One of Ottawa’s leading artificial intelligence entrepreneurs, an IT executive revolutionizing retirement homes and the head of one of the city’s most celebrated cultural institutions are among this year’s recipients of the Forty Under 40 awards. A joint initiative of the Ottawa Board of Trade…

MindBridge awarded as Technology Pioneer by World Economic Forum

From the blog of MindBridge: The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more. Many Technology Pioneers are also using their tech to support COVID-19 responses around the world….

Launch: Best Converting Design for Hotel Upselling So Far

From the Oaky blog: How have you been keeping busy during the COVID-19 lockdown? Here at Oaky, it’s been all hands on deck to further improve our product and increase our current average ROI of 13.8. Why? Because our goal is to make you the upselling rockstar you were meant to be, so you can…

Kenna Security Unveils New, Free Tool for Custom Benchmarking of Vulnerability Management Programs

From GlobeNewswire: SAN FRANCISCO, May 26, 2020 — Kenna Security, the enterprise leader in risk-based vulnerability management, today released the Prioritization to Prediction Benchmark Survey, a free new tool that enables companies to compare their vulnerability management programs to an industry average. “Organizations are facing an uphill battle when it comes to managing the thousands of vulnerabilities…

Video Chat Powered by Twilio – Free to Customers for 3 Months

From the PetDesk Blog: As each state adjusts to lifting stay at home orders, PetDesk allows veterinarians flexibility with the first-ever video-integrated client communication platform SAN DIEGO, May 18, 2020 – PetDesk is making its telemedicine technology, live Video Chat powered by Twilio, available to all customers free for three months thanks to Twilio’s Video Boost Program.  Launched in…

Introducing JRNI Analytics

From the JRNI blog: As you’ve probably heard from us in the past, we believe strongly in the importance of analytics. Why? Because getting insight about the one-to-one and one-to-many experiences you provide your customers can help you: Increase conversions Reveal hidden trends Improve customer experience Optimize your workforce Track progress against KPIs And now, thanks…

The 2020 Top Workplaces winners

From Tennessean: XOi Technologies has been named by the Tennessean as one of the 2020 Top Workplaces. Rankings will be announced at the Top Workplaces awards ceremony in October. XOi Technologies Local employees: 52 http://www.xoi.io Source: The 2020 Top Workplaces winners

DMG Consulting Report Identifies Inference Solutions as the Global Market Share Leader for Virtual Agents

From InferenceSolutions: SAN FRANCISCO, CA – (June 4, 2020) – Intelligent Virtual Agent (IVA) platform provider Inference Solutions is recognized as the global market share leader, based on number of customers, in the 2020-2021 Intelligent Virtual Agent Product and Market Report by DMG Consulting LLC. “DMG provides one of the most comprehensive annual analyses of…

Introducing the 2020 Top 100 HR Tech Influencers

The HRE and HR Tech Conference team unveil the second edition of the Top 100 HR Tech Influencers. From HumanResourceExecutive: Now more than ever, leaders are needed. Whether it’s CHROs creating innovative benefits packages for struggling workers, product developers pioneering solutions to target the new challenges facing our workforces or industry analysts providing needed guidance and insights…

Five9 Launches Five9 Intelligent Virtual Assistant

From BusinessWire: SAN RAMON, Calif.–(BUSINESS WIRE)–Five9, Inc (NASDAQ: FIVN) a leading provider of the intelligent cloud contact center, announced today the general availability of Five9 Virtual Assistant, a best-in-class Intelligent Virtual Assistant (IVA), powered by Inference, that leverages conversational-AI to automate manual tasks and answer common questions in the contact center. Five9 Virtual Assistant delivers…

Here are Ottawa’s 2020 Forty Under 40 recipients

From OttawaBusinessJournal: Annual awards take on special significance amid COVID-19 One of Ottawa’s leading artificial intelligence entrepreneurs, an IT executive revolutionizing retirement homes and the head of one of the city’s most celebrated cultural institutions are among this year’s recipients of the Forty Under 40 awards. A joint initiative of the Ottawa Board of Trade…

MindBridge awarded as Technology Pioneer by World Economic Forum

From the blog of MindBridge: The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more. Many Technology Pioneers are also using their tech to support COVID-19 responses around the world….

Launch: Best Converting Design for Hotel Upselling So Far

From the Oaky blog: How have you been keeping busy during the COVID-19 lockdown? Here at Oaky, it’s been all hands on deck to further improve our product and increase our current average ROI of 13.8. Why? Because our goal is to make you the upselling rockstar you were meant to be, so you can…

Kenna Security Unveils New, Free Tool for Custom Benchmarking of Vulnerability Management Programs

From GlobeNewswire: SAN FRANCISCO, May 26, 2020 — Kenna Security, the enterprise leader in risk-based vulnerability management, today released the Prioritization to Prediction Benchmark Survey, a free new tool that enables companies to compare their vulnerability management programs to an industry average. “Organizations are facing an uphill battle when it comes to managing the thousands of vulnerabilities…

Video Chat Powered by Twilio – Free to Customers for 3 Months

From the PetDesk Blog: As each state adjusts to lifting stay at home orders, PetDesk allows veterinarians flexibility with the first-ever video-integrated client communication platform SAN DIEGO, May 18, 2020 – PetDesk is making its telemedicine technology, live Video Chat powered by Twilio, available to all customers free for three months thanks to Twilio’s Video Boost Program.  Launched in…

Introducing JRNI Analytics

From the JRNI blog: As you’ve probably heard from us in the past, we believe strongly in the importance of analytics. Why? Because getting insight about the one-to-one and one-to-many experiences you provide your customers can help you: Increase conversions Reveal hidden trends Improve customer experience Optimize your workforce Track progress against KPIs And now, thanks…

Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


HotelTechReport: PeakSpan Capital Co-Founder Reveals Why Now is the Time to Invest in Hotel Tech

How many hotels are there in the world? Back in 2012 STR estimated 187,000 hotels with more than 17.5 million rooms globally but we’ve seen estimates from Booking and Expedia north of 300,000 and that figure is growing at a rapid clip. Hotels have a stigma for being slow to adopt technology but that’s changing quickly as digital natives moves into leadership roles at hotel groups around the world.


forbes magazine logo

Forbes: 12 Key Issues For SaaS Startups Seeking Financing

Forbes Magazine has published a helpful and comprehensive article on key issues for SaaS startups that are looking for financing. The authors cover the essential importance of a great pitch deck, the feasibility of finding angel investors, and key things to know about VC funding.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


HotelTechReport: PeakSpan Capital Co-Founder Reveals Why Now is the Time to Invest in Hotel Tech

How many hotels are there in the world? Back in 2012 STR estimated 187,000 hotels with more than 17.5 million rooms globally but we’ve seen estimates from Booking and Expedia north of 300,000 and that figure is growing at a rapid clip. Hotels have a stigma for being slow to adopt technology but that’s changing quickly as digital natives moves into leadership roles at hotel groups around the world.


forbes magazine logo

Forbes: 12 Key Issues For SaaS Startups Seeking Financing

Forbes Magazine has published a helpful and comprehensive article on key issues for SaaS startups that are looking for financing. The authors cover the essential importance of a great pitch deck, the feasibility of finding angel investors, and key things to know about VC funding.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


The 2020 Top Workplaces winners

From Tennessean: XOi Technologies has been named by the Tennessean as one of the 2020 Top Workplaces. Rankings will be announced at the Top Workplaces awards ceremony in October. XOi Technologies Local employees: 52 http://www.xoi.io Source: The 2020 Top Workplaces winners


DMG Consulting Report Identifies Inference Solutions as the Global Market Share Leader for Virtual Agents

From InferenceSolutions: SAN FRANCISCO, CA – (June 4, 2020) – Intelligent Virtual Agent (IVA) platform provider Inference Solutions is recognized as the global market share leader, based on number of customers, in the 2020-2021 Intelligent Virtual Agent Product and Market Report by DMG Consulting LLC. “DMG provides one of the most comprehensive annual analyses of…


Introducing the 2020 Top 100 HR Tech Influencers

The HRE and HR Tech Conference team unveil the second edition of the Top 100 HR Tech Influencers. From HumanResourceExecutive: Now more than ever, leaders are needed. Whether it’s CHROs creating innovative benefits packages for struggling workers, product developers pioneering solutions to target the new challenges facing our workforces or industry analysts providing needed guidance and insights…


Five9 Launches Five9 Intelligent Virtual Assistant

From BusinessWire: SAN RAMON, Calif.–(BUSINESS WIRE)–Five9, Inc (NASDAQ: FIVN) a leading provider of the intelligent cloud contact center, announced today the general availability of Five9 Virtual Assistant, a best-in-class Intelligent Virtual Assistant (IVA), powered by Inference, that leverages conversational-AI to automate manual tasks and answer common questions in the contact center. Five9 Virtual Assistant delivers…


Here are Ottawa’s 2020 Forty Under 40 recipients

From OttawaBusinessJournal: Annual awards take on special significance amid COVID-19 One of Ottawa’s leading artificial intelligence entrepreneurs, an IT executive revolutionizing retirement homes and the head of one of the city’s most celebrated cultural institutions are among this year’s recipients of the Forty Under 40 awards. A joint initiative of the Ottawa Board of Trade…


MindBridge awarded as Technology Pioneer by World Economic Forum

From the blog of MindBridge: The World Economic Forum announced its selection of over 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more. Many Technology Pioneers are also using their tech to support COVID-19 responses around the world….


Launch: Best Converting Design for Hotel Upselling So Far

From the Oaky blog: How have you been keeping busy during the COVID-19 lockdown? Here at Oaky, it’s been all hands on deck to further improve our product and increase our current average ROI of 13.8. Why? Because our goal is to make you the upselling rockstar you were meant to be, so you can…


Kenna Security Unveils New, Free Tool for Custom Benchmarking of Vulnerability Management Programs

From GlobeNewswire: SAN FRANCISCO, May 26, 2020 — Kenna Security, the enterprise leader in risk-based vulnerability management, today released the Prioritization to Prediction Benchmark Survey, a free new tool that enables companies to compare their vulnerability management programs to an industry average. “Organizations are facing an uphill battle when it comes to managing the thousands of vulnerabilities…


Video Chat Powered by Twilio – Free to Customers for 3 Months

From the PetDesk Blog: As each state adjusts to lifting stay at home orders, PetDesk allows veterinarians flexibility with the first-ever video-integrated client communication platform SAN DIEGO, May 18, 2020 – PetDesk is making its telemedicine technology, live Video Chat powered by Twilio, available to all customers free for three months thanks to Twilio’s Video Boost Program.  Launched in…


Introducing JRNI Analytics

From the JRNI blog: As you’ve probably heard from us in the past, we believe strongly in the importance of analytics. Why? Because getting insight about the one-to-one and one-to-many experiences you provide your customers can help you: Increase conversions Reveal hidden trends Improve customer experience Optimize your workforce Track progress against KPIs And now, thanks…


New Luma Health Report Reveals COVID-19 is Fast-tracking Healthcare Innovation and Changing Care Delivery

From the LumaHealth blog: Luma Health released a new data report today: COVID-19 Ushers in Patient-First Care Model. The report looks at some of the effects COVID-19 has had on healthcare clinics and patient care. More specifically, it highlights ways COVID-19 is driving innovation and changing how patient care is delivered. Our team created the report to give our customers…


How intelligent virtual agents are transforming 5 key industries in the wake of COVID-19

Presented by Inference Solutions: ALLAN SCHEBELLA From the fashion houses pivoting to PPE production, to the restaurants serving patrons curbside, businesses across every vertical are reinventing themselves for the post-pandemic world. Technology will fuel these transformations, with automation and artificial intelligence poised to play a major role throughout the crisis and recovery. As organizations look for…


The Most Inclusive HR Influencer List

From SocialMicole: The Most Inclusive HR Influencer List features over 150 HR and HR-adjacent leaders, celebrating everyone including Human Resources, Talent Acquisition, Diversity and Inclusion, Technologists, Consultants, HR Tech Marketers, and more. The Winners were each nominated by one or more of their peers as someone who influences the HR community both off and online….


eCommerce & COVID-19

From GroupBy, Inc: How to Build a Site that Can Handle a Sudden and Monumental Buying Shift COVID-19 lockdowns have brought full or partial workplace closures to 81% of the world’s workforce. With the closing of schools as well, entire families have been homebound, which has opened the floodgates to online shopping. It’s no wonder average…


Fuel50 Honored as Silver Stevie Award Winner in 2020 American Business Awards®

From Fuel50: Fuel50 was named the winner of a Silver Stevie ® Award in the Most Innovative Tech Company of the Year – Up to 100 Employees category in The 18th Annual American Business Awards® today. The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations –…


Cordial expands integrations by adding OpenMarket for SMS

From the Cordial blog: SMS marketing is now a necessary part of delivering a personal, high-touch customer experience. With open rates at 98% and response rates at 45% according to Gartner, SMS is a clear winner in the engagement category and ROI. Which is why we are happy to announce that we’ve extended our existing SMS…


Espresso Capital Extends US$8 Million Credit Facility to Inference Solutions

From EspressoCapital: SAN FRANCISCO, May 13, 2020 /PRNewswire/ – Espresso Capital announced today that it has provided Inference Solutions, a global provider of Intelligent Virtual Agents, with a US$8 million credit facility. The San Francisco-based company will use the capital to achieve key milestones prior to initiating another fundraise later this year. “We’re delighted to be using venture debt from…


Ecwid raises $42M from Morgan Stanley and PeakSpan

Ecwid, the startup that sells e-commerce tools directly and via third parties like Square and Wix, letting businesses build e-commerce experiences on their own websites and apps, as well as via Facebook, Instagram, Amazon, Google, and more, has raised $42 million from Morgan Stanley and PeakSpan Capital.


Oaky Raises $9.5 Million in Series A Funding

Oaky has closed a $9.5 million Series A financing round, led by PeakSpan Capital.


Cordial Achieves AWS Retail Competency Status

Cordial, a next-generation messaging platform that uses real-time data to send personal, relevant, and emotionally intelligent messages, announced that it has achieved Amazon Web Services (AWS) Retail Competency status.